4//SEC Filing
Mirdamadi Susan 4
Accession 0001209191-22-013919
CIK 0001324272other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 3:00 PM ET
Size
9.8 KB
Accession
0001209191-22-013919
Insider Transaction Report
Form 4
Mirdamadi Susan
SVP Chief Services Officer
Transactions
- Award
Common Stock
2022-02-28+6,852→ 109,211 total - Sale
Common Stock
2022-02-25$24.00/sh−15,000$360,000→ 102,359 total - Award
Performance Share Units
2022-02-28+6,852→ 6,852 total→ Common Stock (6,582 underlying)
Footnotes (4)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2021.
- [F2]Consists of shares of restricted stock, granted pursuant to the Company's 2018 Omnibus Incentive Plan, which vest 40% on March 13, 2023, 40% on March 13, 2024, and 20% on March 13, 2025.
- [F3]Each Performance Share Unit (PSU) represents the right to receive, following vesting, between 0% and 200% of one share of RUTH common stock. The number of PSUs reported assumes target performance. The number of shares of RUTH stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date.
- [F4]Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of RUTH common stock on March 13, 2025.
Documents
Issuer
Ruths Hospitality Group, Inc.
CIK 0001324272
Entity typeother
Related Parties
1- filerCIK 0001731628
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 3:00 PM ET
- Size
- 9.8 KB